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�� 12. Borrower Not Released; Forbearance By Lender Not a Waiver. Extension of the time for payment or modification of amortization of the sums s�ured by this Security Instrument granted by Lender to Borrower or any Successor in Interest of Borrower shall not operate to release the liability of Borrower or any 5uccessors in Interest of Borrower. Lender shall not be required to commence proccedings against any Successor in Interest of Borrower or to refuse to extend time for payment or otherwise modify amortization of the sums s�ured by this S�urity Instnunent by reason of any demand made by the original Borrower or any Successors in Interest of Borrower. Any forbearance by Lender in exercising any right or remefly including, without limitation, Lender's acceptance of payments from third persons, entities or Successors in Interest of Borrower or in amounts less than the amount then due, shall not be a waiver of or preclude the exercise of any right or remedy. 13. Joint and Several Liability; Co-signers; Successors and Assigns Bound. Bonower covenants and agrees that Bonower's obligations and liability shall be joint and several. However, any Borrower who co-signs this Security Instrument but does not ex�ute the Note (a "co-signer"): (a) is co-signing this S�urity Instrument only to mortgage, grant and convey the co-signer's interest in the Properiy under the terms of ttris S�urity Instrument; (b) is not personally obligated to pay the sums secured by this Security Inslrument; and (c) agrees that Lender and any other Borrower can agr� to e�tend, modify, forbear or malce any accommodarions with regard to the terms of this Security Instrument or the Note without the c�-signer's consent. Subject to the provisions of Secrion 18, any Successor in Interest of Bonower who assumes Bonower's obligations under this S�uriry Instnunent in writing, and is approved by Lender, shall obtain all of Bonower's rights and benefits under this Security Instrument. Borrower shall not be released from Borrower's obligations and liability under this S�urity Instrument unless Lender agrees to such release in writing. The covenants and agreements of this Security Instrument shall bind (except as provided in Se�tion 20) and benefit the successors and assigns of Lender. 14. Loan Charges. Lender may charge Bonower f�s for services performed in connection with Borrower's default, for the purpose of protecting Lender's interest in the Property and rights under this Security Instrument, including, but not limited to, attorneys' fees, property inspection and valuation fees. In regazd to any other fees, the absence of express authority in this Security Instrument to charge a sp�ific f� to Bonower shall not be construe� as a prohibition on the charging of such fee. Lender may not charge fces that aze expressly prohibited by this Security Instrument or by Applicable Law. If the Loan is subj�t to a law which sets *+�aximum loan chazges, and that law is finally interpreted so that the interest or other loan charges collected or to be collected in connection with the Loan exceed the permittefl limits, then: (a) any such loan charge shall be reduced by the amount n�essary to reduce the charge to the permitted limit; and (b) any sums already collected from Bonower which excce�ed }�ermiited limits will be refunded to Bonower. Lender may choose to make this refund �y re�ucing the principal o�ved under the Note or by maldng a dir�t payment to Bonower. If a refund reduc� principal, the r�d�a� vvill be �reated as a partial prepayment without any prepayment charge (whether or not a prepayment c�arge is provided for under the Note). Borrower's acceptance of any such refund made by dir�t payment to Borrower will constitute a waiver of any right of action Bonower might have arising out of such overcharge. 15. Notices. All notic� given by Bonower or Lender in connecrion with this Security �ment must be in writing. Any notice to Borrower in conne,ction with this Security Instrument shall be deemed to have been given to Borrower when ma.iled by first class mail or when actually delivered to Bonower's notice address if sent by other means. Norice to any one Bonower shall consritute norice to all Bonowers unless Applicable Law expressly requires otherwise. The notice address shall be the Property Address unl�s Borrower has NEBRASKA-Single Family-Fannie Mae/Freddie Mac UNIFORM INSTRUMENT Form 3028 1/01 VMP � VMPB(NE) (1105) Wolters Kluwer Financial Servic� Page 11 of 17